Denmark's current account switched to DKK 4.1 billion surplus in March 2020 from DKK 2.9 billion gap in the corresponding month of the previous year. The goods surplus surged to DKK 13.9 billion from DKK 7.5 billion, while the primary income deficit declined to DKK 6.2 billion from DKK 8.4 billion. Meantime, the services account gap widened to DKK 2.1 billion from DKK 1.2 billion in a year earlier, while the secondary income deficit went up to DKK 1.5 billion from DKK 0.7 billion.

Current Account in Denmark averaged 9970.34 DKK Million from 2005 until 2020, reaching an all time high of 25957 DKK Million in October of 2019 and a record low of -4967 DKK Million in March of 2008. This page provides - Denmark Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Denmark Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Statistics Denmark

Current Account in Denmark is expected to be 17000.00 DKK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Denmark to stand at 11000.00 in 12 months time. In the long-term, the Denmark Current Account is projected to trend around 9500.00 DKK Million in 2021, according to our econometric models.

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Denmark Current Account

Actual Previous Highest Lowest Dates Unit Frequency
4070.00 8338.00 25957.00 -4967.00 2005 - 2020 DKK Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-10 07:00 AM Dec DKK15.1B DKK17.7B DKK 12B
2020-03-10 07:00 AM Jan DKK15.3B DKK14.4B DKK8.5B
2020-04-08 06:00 AM Feb DKK14.7B DKK16.2B DKK15.8B
2020-05-11 06:00 AM Mar DKK4.07B DKK8.34B DKK 8B
2020-06-09 06:00 AM Apr DKK4.07B
2020-07-09 06:00 AM May
2020-08-10 06:00 AM Jun DKK 17B
2020-09-08 06:00 AM Jul


News Stream
Danish Current Account Swings to Surplus
Denmark's current account switched to DKK 4.1 billion surplus in March 2020 from DKK 2.9 billion gap in the corresponding month of the previous year. The goods surplus surged to DKK 13.9 billion from DKK 7.5 billion, while the primary income deficit declined to DKK 6.2 billion from DKK 8.4 billion. Meantime, the services account gap widened to DKK 2.1 billion from DKK 1.2 billion in a year earlier, while the secondary income deficit went up to DKK 1.5 billion from DKK 0.7 billion.
2020-05-11
Danish Current Account Surplus Widens in February
Denmark's current account surplus jumped to DKK 14.7 billion in February 2020 from DKK 9.6 billion in the corresponding month of the previous year. The goods surplus surged to DKK 14.3 billion from DKK 7.2 billion, while the primary income surplus was unchanged at DKK DKK 4.8 billion. Meantime, the services account surplus narrowed sharply to DKK 0.05 billion from DKK 1.7 billion in a year earlier, while the secondary income deficit went up to DKK 4.4 billion from DKK 4.1 billion.
2020-04-08
Danish Current Account Surplus Widens Sharply
Denmark's current account surplus jumped to DKK 15.3 billion in January 2020 from DKK 9.3 billion in the corresponding month of the previous year. The goods surplus surged to DKK 14.8 billion from DKK 8.0 billion and the primary income surplus went up to DKK 6.4 billion from DKK 5.5 billion. Meantime, the secondary income deficit edged higher to DKK 4.9 billion from DKK 4.8 billion, while the services account posted a deficit of DKK 0.9 billion, swinging from a DKK 0.6 billion surplus in a year earlier.
2020-03-10
Danish Current Account Surplus Smallest in 8 Months
Denmark's current account surplus declined to DKK 15.1 billion in December 2019 from DKK 15.7 billion in the corresponding month of the previous year. This was the smallest current income surplus since April last year, when current account a reported surplus of DKK 14.7 billion, as the services surplus tumbled to DKK 0.3 billion from DKK 5.2 billion last year. Meantime, the goods surplus rose to DKK 8.2 billion from DKK 6.1 billion and the primary income surplus went up to DKK 8.9 billion from DKK 7.0 billion, while the secondary income deficit went down to DKK 2.2 billion from DKK 2.6 billion.
2020-02-10

Denmark Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).